Norwood Parents Music Association Inc
- Assets
- $139.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwood, MA
- Founding
- 03/1975
- Data as of
- 08/2023
- EIN
- 04-2547320
Organization Overview
Norwood Parents Music Association Inc is located in Norwood, MA. The organization was established in 1975. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwood Parents Music Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Norwood Parents Music Association Inc generated $51.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $55.9k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (14.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Smith President | 10 | $0 | |
Karen Guarin Vice President | 10 | $0 | |
Jane Yu Treasurer | 10 | $0 | |
Kelly Farewell Secretary | 10 | $0 | |
Steve Lee Ways And Means | 10 | $0 | |
Linda Lee Program Coordinator | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,128 |
| Total Program Service Revenue | $30,898 |
| Membership dues | $0 |
| Investment income | $13,609 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,233 |
| Other Revenue | $0 |
| Total Revenue | $51,462 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,400 |
| Occupancy, rent, utilities, and maintenance | $5,468 |
| Printing, publications, postage, and shipping | $3,092 |
| Other expenses | $31,913 |
| Total expenses | $55,873 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,877 |
| Other assets | $0 |
| Total assets | $139,877 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,877 |